| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $27M | — | $25M | — | 8.1% |
| Op. Income | -$17M | — | -$21M | — | 18.3% |
| Gross Margin | -40.6% | — | -48.5% | — | 7.9pp |
| Net Margin | -65.7% | — | -109.8% | — | 44.1pp |
| EPS (Diluted) | $-0.30 | — | $-0.51 | — | 40.9% |
| Free Cash Flow | -$40M | — | -$29M | — | -42.0% |
| Item | Amount |
|---|---|
| REVENUE | $27M |
| Cost of Revenue | $38M |
| GROSS PROFIT | -$11M |
| R&D Expenses | $38M |
| Selling & Marketing | $249.0K |
| General & Administrative | $6M |
| SG&A Expenses | $7M |
| Other Expenses | $0 |
| Operating Expenses | $8M |
| Cost & Expenses | $46M |
| OPERATING INCOME | -$17M |
| Interest Income | $777.5K |
| Interest Expense | $0 |
| Other Income/Expenses | -$641.9K |
| INCOME BEFORE TAX | -$18M |
| Income Tax Expense | -$389.3K |
| Net Income from Continuing Ops | -$18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$18M |
| D&A | $3M |
| EBIT | -$17M |
| EBITDA | -$15M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$18M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$16M |
| Change in Working Capital | -$10M |
| OPERATING CASH FLOW | -$40M |
| Capital Expenditure | -$828.9K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $18M |
| NET CASH FROM INVESTING | $17M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$800.9K |
| FREE CASH FLOW | -$40M |
| Net Change in Cash | -$12M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $93M |
| Short-Term Investments | $20M |
| Net Receivables | $25M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $143M |
| PP&E (Net) | $12M |
| Goodwill | $0 |
| Intangible Assets | $52M |
| Long-Term Investments | $52M |
| Tax Assets | $3M |
| Other Non-Current Assets | $100.5K |
| TOTAL NON-CURRENT ASSETS | $121M |
| TOTAL ASSETS | $264M |
| Account Payables | $31M |
| Short-Term Debt | $438.4K |
| Deferred Revenue | $25M |
| Other Current Liabilities | $21M |
| TOTAL CURRENT LIABILITIES | $79M |
| Long-Term Debt | $701.5K |
| Deferred Revenue NC | $45M |
| Deferred Tax Liabilities | $3M |
| Other Non-Current Liabilities | $31M |
| TOTAL NON-CURRENT LIABILITIES | $84M |
| TOTAL LIABILITIES | $162M |
| Common Stock | $3M |
| Additional Paid-In Capital | $276M |
| Retained Earnings | -$176M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $1.2K |
| TOTAL STOCKHOLDERS' EQUITY | $102M |
| Minority Interest | $0 |
| TOTAL EQUITY | $102M |
| TOTAL LIABILITIES & EQUITY | $264M |
| Total Debt | $6M |
| Net Debt | -$87M |
